Phcc Educational Foundation EIN 68-0098960

Phcc Educational Foundation FY2024 filing

EIN  68-0098960 Public charity (501(c)(3)) Sacramento, CA Founded 1985
Form 990 (PDF)
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Size
<$100K
What they do
Provides financial aid and recognition to plumbing and HVAC trainees.
Leadership
Whitney Squire · CEO/Ex-Officio
Money in and out
$87K revenue, $40K expenses
Bottom line
83% program efficiency

Provides financial aid and recognition to plumbing and HVAC trainees. For fiscal year 2024 it reported $87K in revenue, $40K in expenses, and $83K in net assets.Pt I

Where the money goes · FY2024
Total revenue
$87K
Pt VIII · Ln 12
Total expenses
$40K
Pt IX · Ln 25
Net assets
$83K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $47K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.17
Program efficiency
83%
of spending reaches programs
Operating runway
35.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
+54%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$87K
FY2024▼ -66%
Expenses
$40K
FY2024▼ -83%
Total assets
$116K
FY2024▲ +30%
Total liabilities
$34K
FY2024▼ -38%
Total revenue
$87K
Pt VIII · Ln 12
Total expenses
$40K
Pt IX · Ln 25
Net assets
$83K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$47K
Total assetsPt X · Ln 16$116K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 49
Mission & Programs · Part III

Where the work happens

3 program services account for $33K of program spending, described in the organization's own filed words · FY2023.
01

Pipeline to success. Each two-week session included a variety of workforce development topics specific to the plumbing and hvac trades. Covering everything from osha safety standards, CPR, basic construction math and the soft skills necessary for a job search, the participants were introduced to the skills required to work in the trades…

$23Kprogram expense
02

E-learning. The PHCC of california educational foundation offers plumbing and HVAC/R apprentice elearning courses for apprentices who need a non-traditional method of receiving their apprenticeship-related instruction. This program that is recognized by the U.S.

$7Kprogram expense
03

Certification Testing. A. Industry Certifications

Programs designed to certify professionals in specific skills or knowledge areas, providing credentials that demonstrate their expertise to employers and CUSTOMERS.B. Specialized training: courses tailored to specific needs within the industry, such as green technologies, energy efficiency, and advanced hvac SYSTEMS.C.

$3Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPhcc Educational Foundation
EINHdr · item D68-0098960
Principal addressHdr · item CSacramento, CA
WebsiteHdr · item Jwww.caphcc.org
Year of formationHdr · item L1985
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFCommunity Development (S41Z)
Ruling yearIRS BMFSep 1987

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b9
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
CEO/Ex-Officio
$0Pt VII · Sec A
Past-President
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Contributions & grants$80K · 92%
Program service revenue$7K · 8%
Contributions & grants92%$80K
Program service revenue8%$7K
Investment income$9
Other revenue$200
— government grantsLn 1e$70K
Total revenueLn 12$87K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.17
Program services83%$33K
Management & general17%$7K
Total functional expensesLn 25$40K

Balance Sheet

Part X · end of year
CashLn 1$116K
Total assetsLn 16$116K
Total liabilitiesLn 26$34K
Total net assetsLn 32$83K
Months of cash on handcomputed35.3

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $116K · Operating expenses/yr $40K
35.3 months
Where the money goes
Program services
Program services $33K · Total expenses $40K
83%
Management & General
Management & general $7K · Total expenses $40K
17%
Fundraising
Fundraising $0 · Total expenses $40K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $14K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $80K · Total revenue $87K
92%
Government reliance
Government grants $70K · Total revenue $87K
81%
Earned-income share
Program service revenue $7K · Total revenue $87K
8%
Investment reliance
Investment income $9 · Total revenue $87K
0%
Program self-sufficiency
Program service revenue $7K · Total expenses $40K
17%
Growth & trend
Revenue growth (YoY)
This year $87K · Prior year $253K
-66%
Revenue CAGR
FY2019 $64K · FY2023 $87K
+8%
Net-asset trend (YoY)
End of year $83K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $87K · Expenses $40K
+54%
Liabilities-to-Assets
Total liabilities — · Total assets $116K
Net-asset ratio
Net assets $83K · Total assets $116K
71%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $116K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Whitney Squire · Reported title CEO/EX-OFFICIO · Highest reported compensation $0 · Total expenses $40K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $40K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 17%
Fundraising cost ratio 0%
Revenue growth -66%
Legal fee ratio 1%
Accounting fee ratio 24%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$10K
Grants paid · 2 grants · $41K · 2019–2020

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$87K revenue · viewing · ⤓ 990 PDF
FY2023$253K revenue · ⤓ 990 PDF
FY2022$107K revenue · ⤓ 990 PDF
FY2021$235K revenue · ⤓ 990 PDF
FY2020$64K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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